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REFEX RENEWABLES & INFRASTRUCTURE
PE (Price/Earnings) Ratio

The Current P/E Ratio of REFEX RENEWABLES & INFRASTRUCTURE is -8.40.

Share Price ₹794.8Jan 17,2025
Market Cap ₹357.7 Cr
Earnings-TTM₹-42.6 CrTTM-Consolidated Results
Price/Earnings-8.40xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of REFEX RENEWABLES & INFRASTRUCTURE

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of REFEX RENEWABLES & INFRASTRUCTURE is calculated as :

Current Market Cap [ ₹357.7 Cr] as on Jan 17,2025

(/) Earnings [ ₹-42.6 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ -8.40x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for REFEX RENEWABLES & INFRASTRUCTURE , the investors are currently willing to pay -8.40 times earnings to own 1 share of the company.

PE Multiples are the most widely used valuation multiple in practice.

Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.

In such cases, you may consider using Price to Book ratio or Price to Sales ratio of REFEX RENEWABLES & INFRASTRUCTURE !

P/E ratios, also, would not adjust for differences in the capital structure between companies.

The chart below summarizes the trend in P/E Ratio of REFEX RENEWABLES & INFRASTRUCTURE over the last five years.

Historical PE (Price/Earnings) ratio chart of REFEX RENEWABLES & INFRASTRUCTURE


PE Ratio Performance Analysis for REFEX RENEWABLES & INFRASTRUCTURE

- REFEX RENEWABLES & INFRASTRUCTURE 's latest p/e ratio is -8.40x.

- REFEX RENEWABLES & INFRASTRUCTURE 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.00x.

- REFEX RENEWABLES & INFRASTRUCTURE 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, REFEX RENEWABLES & INFRASTRUCTURE 's p/e ratio peaked in Mar2024 at 0x.

- REFEX RENEWABLES & INFRASTRUCTURE 's p/e ratio hit its five-year low in Mar2024 of 0x.


How does REFEX RENEWABLES & INFRASTRUCTURE 's P/E Ratio benchmark against top 10 peers in Engineering - Construction Industry?

Peer Comparison (Engineering - Construction Industry)Earnings-TTM (Cr)PE RatioMarket Cap
REFEX RENEWABLES & INFRASTRUCTURE -42.59-8.40357.7
LARSEN & TOUBRO LTD16,151.0030.38490,715.0
RAIL VIKAS NIGAM LTD1,288.5869.0188,926.1
GMR AIRPORTS INFRASTRUCTURE LTD-1,569.48-51.1880,332.7
IRB INFRASTRUCTURE DEVELOPERS LTD939.3235.2833,142.0
IRCON INTERNATIONAL LTD838.2524.7120,714.9
KEC INTERNATIONAL LTD421.6161.0025,716.2
KALPATARU PROJECTS INTERNATIONAL LTD522.5638.5220,127.2
NCC LTD864.5118.3815,887.7
GR INFRAPROJECTS LTD1,044.9512.3212,871.8
STERLING AND WILSON RENEWABLE ENERGY LTD31.94303.249,685.3

Engineering - Construction Industry Benchmark (Top 10) PE Analysis vs REFEX RENEWABLES & INFRASTRUCTURE 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -51.18x
Max industry PE 303.24x
Median industry PE 30.38x
Average industry PE 48.48x



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